Industry Analysis : Tesoro Corporation Essay

The oil and gas business is highly competitive in the exploration for and acquisitions of reserves, the acquisition of oil and gas leases, equipment and personnel required to find and produce reserves, and in the gathering and marketing of oil, gas, and natural gas liquids. The competitors include national oil companies, major integrated oil and gas companies, other independent oil and gas companies, and participants in other industries supplying energy and fuel to industrial, commercial, and individual consumers.

The objective of this report is to review current strategies used by Just Group with regarding to seven traits model according to Schumann, P. A. 1994. Besides, future strategies recommendation will be provided as the key for the company to sustain competitive advantage.

     Chevron Texaco, or Texaco Shell, is the leading competitor to ExxonMobil. Texaco is in the same areas of business as Exxon. Their petroleum products and lubricants are sold in the same markets, stores, and in many cases opposite street corners from each other. The two companies are very similar, but Exxon’s recent petroleum deals in the Middle East and Africa have allowed its stock price to jump ahead for the time being (1). In the industry, the two companies mainly compete for the ability to negotiate for new production. The competition is not made at the pump or at the local auto store. It seems that it’s more important to control oil than it is to sell it quickly. Because oil has so much value and power in the world, the industry is made of semi-friendly companies. Surviving and making as much profit as possible, is more important than trying to put people out of business.

ExxonMobil is identified as one of the world’s leading oil and gas businesses. It manages market commodities and means countrywide. ExxonMobil is entail in “marketing, gas, and oil exploration, transportation and production in roughly 200 nations” (ExxonMobil, 2015). This company furnishes assistance and products under label names such as “Mobil, Esso, and Exxon. ExxonMobil is known as one of the biggest oil industrial installation where a substance is refined in the nation” (ExxonMobil, 2015). This essay discusses ExxonMobil’s strategic initiative from

The oil and gas industry is crucial to the U.S. economy and plays a central role in its environment, society, and economic development . The U.S. consumes more oil than any other country. Products derived from oil include medicine, recreational sports items, cosmetics, plastic, chemicals, transportation liquids, etc... This is to say, crude oil is the most important natural resource of the industrialized nations, as it has assisted in the technical expansion and discovery of new sources and production of existing oil fields (Wintershall, 2015).

HollyFrontier compete with a broad range of refining companies, including multinational oil companies including Valero Energy Corporation, Marathon Petroleum Corporation, Philips 66 Company, Chevron Corporation, Royal Dutch Shell Corporation, Tesoro Corporation, BP Corporation, and the biggest competitor Exxon Mobil Corporation with a market share of 16%. Because of their geographic diversity, larger and more complex refineries, integrated operations and greater resources, some of the competitors may be better able to withstand volatile market conditions, to obtain crude oil in times of shortage and to bear the economic risks present in all areas of the refining industry. HollyFrontier is not engaged in petroleum exploration and production activities and is not producing any of the crude oil feedstocks at its refineries. Also, the company does not have a retail business and because of that is dependent upon others for outlets for its refined products. Certain numbers of HollyFrontier competitors, however, obtain a portion of their feedstocks from company-owned production and have a retail outlets. Competitors that have their own production or widespread retail outlets, with brand-name recognition, are at times able to

“Global oil production will continue to grow as conventional supplies are increasingly complemented by unconventional sources to meet demand. Physical production limits (so‐called ‘peak oil’) are unlikely to be reached before 2035.”

ExxonMobil is a United States based transnational oil and gas corporation. Founded on the 30th of November 1999 after the merger between Exxon and Mobil, reuniting the original breakup of standard oil company (Folsom Jr 1998). It is the world’s largest publicly traded oil and gas company by market value and as of 2016, the sixth largest in terms of revenue at $246 million per year (Decarlo 2016) . ExxonMobil’s oil and gas exploration stretches across six continents with

Tesco PLC, the top three retailer in the world, which was establish by Jack Cohen in 1919 year, which has near 100-Year history. In these days, it has been thrived to 12 country all over the world, including United Kingdom, Malaysia, India, Hungary, Ireland, Kipa, Slovakia, Poland, Czech, Thailand, even South Korea, and China (Tescoplc.com, 2012). Tesco is a public limited company. According to Marcouse (2011:92), “Public limited company (Plc) is a larger type of company that must have at least £50,000 of share capital and has its shares traded on the stock market”, therefore Tesco can have greater capital source and shareholders in their business.

To answer the question of whether oil companies make unwarranted profits off the inflated sales of gasoline, we first need to have some understanding of how the oil market works. This is to try get to the bottom of what really makes oil prices fluctuate with such a high frequency, which results in worldwide ramifications. The most basic or raw material for the oil market is crude oil, also known as petroleum, which other oil products are extracted from. This happens to be the world’s most traded product.

Caterpillar Incorporated is the world’s largest producer of construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. Caterpillar's headquarters are located in Peoria, Illinois, United States. The company operates in three principal lines of business: machinery, engines, and financial products. The machinery segment includes the design, manufacture, marketing, and selling of all kinds of machinery such as; tractors, forestry and mining machinery, off-highway trucks, and paving products. The machinery segment also includes logistics services for other companies. The second business segment that Caterpillar operates in is engines. This includes the design, manufacture, marketing, and

This thesis dissertation is a milestone of my academic career. I would like to express my sincere gratitude to my advisor Prof. Erick. C. Jones for his support for my MS thesis, for his immense knowledge, patience and motivation.

Currently Energy Transfer Partners “ETP” produces oil and gas with propane as a byproduct for local delivery within the United States and southern Canada. ETP main entity is installation of oil and gas pipe line within the United States and southern Canada. Looking to expand the refinery division ETP is looking to expand globally by exporting their product to other counties. ETP has collected an analysis about exporting product overseas and has decided it wants to move forward.

For our case, the Shell Oil Company supplies various grades of petroleum products to customers in the Mid Atlantic tri state area, otherwise known as the DELMARVA peninsular states of Delaware, Maryland and Virginia. The Shell Oil Company uses most of its imported oil from PetroBras and Oil Company of Venezuela, refined and supplied to the Mid-Atlantic tri-states. Given the demand forecast for petroleum, as summer vacation season is approaching, and American’s who love to spend their vacation driving the highways of the United States, Shell Oil Company estimates consumption demands of the DELMARVA as follows:

Yahoo! Inc. is one of the oldest and most well-known Internet content providers. Yahoo! Inc. offers one of the most diverse Internet websites. It is believed that by expanding Yahoo!'s services and expanding broadband access, Yahoo! customers will stay on the website and spend increasing amounts of time and money. Yahoo! Inc's biggest obstacle lies in its competition in the form of